Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Rowland Heights, CA

Securing a down payment can be one of the biggest challenges on the path to homeownership. That’s why we’re thrilled to offer a comprehensive Down Payment Assistance (DPA) program in Rowland Heights, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Rowland Heights, CA?

Our Down Payment Assistance program in Rowland Heights, CA provides a financial boost to eligible homebuyers in Rowland Heights, CA, making it easier to cover the upfront costs of purchasing a home. This assistance is available in the form of a forgivable grant, which means you don’t have to repay it under certain conditions.

Forgivable grant for FHA loans in Rowland Heights, CA

Key Features of Our FHA Down Payment Assistance in Rowland Heights, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Rowland Heights, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Rowland Heights, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Rowland Heights, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Rowland Heights, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Rowland Heights, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Rowland Heights, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Rowland Heights, CA. Our experienced team will work closely with you to explore your options, ensuring you make informed decisions that suit your financial situation and homeownership goals.

First-time homebuyer FHA assistance in Rowland Heights, CA
Start Your Journey Today

Don’t let the down payment be a barrier to your dream home. Contact Horizon Lending Services today to learn more about our FHA Down Payment Assistance program in Rowland Heights, CA and take the first step towards owning your home. Our dedicated professionals are here to help you navigate the complexities of home buying with confidence and ease.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loans in Rowland Heights, CA

One of the key benefits of FHA down payment assistance home loans in Rowland Heights, California is the lower down payment requirements, making homeownership more accessible to a wider range of individuals and families.

Additionally, these loans often come with competitive interest rates, helping borrowers save money over the life of the loan compared to traditional financing options.

Moreover, FHA loans are often more forgiving of less-than-perfect credit scores, providing an opportunity for those with some credit challenges to still qualify for a home loan.

Demographics

Rowland Heights, California is a diverse community with a mix of cultures, including a significant Asian population, particularly of Chinese and Korean descent.

Housing Market

The housing market in Rowland Heights is competitive, with a mix of single-family homes, townhouses, and condominiums. Prices vary based on location and property size, but the market has shown steady growth in recent years.

Main Attractions

Some main attractions in Rowland Heights include the Schabarum Regional Park, known for its hiking trails and picnic areas, and Puente Hills Mall, offering a variety of shopping and dining options for residents and visitors.

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